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Market Update Analysis: 
TXU Accepts $32 B Buyout Offer
Author: Elena Todorova
123jump.com
Last Update: 8:19 AM EST February 26 2007



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The biggest electricity producer in Texas announced an agreement to be acquired by a group including Kohlberg Kravis Roberts & Co., Texas Pacific Group, Goldman Sachs and three other firms. The acquisition is worth about $32 billion, including the assumption of $13 billion in debt. If the deal completes, it would be the largest private buyout in U.S. corporate history.

 

 

 

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